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20130201
20130209
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KQED (PBS) 35
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English 35
Search Results 0 to 34 of about 35 (some duplicates have been removed)
there is a substantial improvement in the outlook for the labor market. also, the cut back in department of defense outlays, is likely to fuel concerns about the size of a slow down and the full economic fallout of the large quote unquote sequester cuts scheduled for a month from now, the start of march. the president's press secretary said this about the sequester. quote, across-the-board cuts to education, to research and development, would have repeat, would have, damaging effects on our economy and our long-term economic prospects. unquote. a growing number of analysts believe the political will to stop the sequester is lacking. it will take effect, at least temporarily, they believe, and that will pose a further the f of this year. question. the fed is saying that the fourth quarter contraction october, november, december of 2012 was due chiefly to quote unquote transitory factors. is this true? or is the recovery stalling out pat buchanan? >> i think basically it is true, john. the u.s. economy is out of the intensive care it was in, in 2007-2008 but it has been walking the hospital halls ev
day for chuck hagel, president obama's tourist to be his next defense secretary. his old friend and fellow vietnam veteran john mccain jump all over hagel for opposing the surge in iraq. >> were you correct or incorrect when you said the search would be the most dangerous foreign policy blunder in this country since vietnam? correct or incorrect? yes or no? are you going to answer the question, senator hagel? the question is, were you right or wrong? i would like to answer whether you were right or wrong. and you are free to elaborate. >> i am not going to give you a yes or no answer -- >> let the record show that you refuse to answer the question. >> he finally gave the answer he wanted to give. >> i saw the suffering and consequences of a war. i did second think the search. would this be worth the sacrifice? we lost almost 1200 dead americans during that period was it required, necessary? >> how much of that exchange was political, how much was personal, and how much was related to our defense policy, mark? >> 92, 11, 13. [laughter] a lot of it was personal. one could not watc
he can become secretary of defense. his senate confirmation hearing centered heavily on criticism from his one-time republican colleagues. the atmosphere was friendly enough at the outset as chuck hagel began his big day before the armed services committee. he quickly sought to allay concerns on both sides about his positions on everything from iran to israel to nuclear weapons. >> no one individual vote, no one individual quote, no one individual statement defines me, my beliefs, or my record. my overall world view has never changed: that america has and must maintain the strongest military in the world. >> i believe, and always have, that america must engage, not retreat, in the world, but engage in the world. my record is consistent on these points. >> woodruff: but as a nebraska senator, in 2007, hagel angered fellow republicans when he opposed the surge of u.s. troops into iraq. today, his former close friend, arizona senator john mccain made clear, they haven't forgotten. >> were you correct or incorrect when you said that the surge would be the most dangerous foreign policy
realized if that i do nothing they'll get spending cuts. cuts for the defense contractors and they're very worried about that. it won't be good for the comply but now that they've settled the tax question it may not be all that bad. gwen: have they settled by delaying this debt limit deadline -- have they settled that or -- >> march 1 the spending cuts hit. march 27 the government's authority to operate runs out and then the debt ceiling is hit again on may 19 or something. i think that the republicans appear to have decided they don't want to have a fight over the debt ceiling so having -- that's pretty clever -- they didn't raise the debt ceiling, they suspended it for a couple of months. i think they're signaling they want to have a fight over spending and they don't see the debt ceiling as a good lever. gwen: boy, it feels like we're going to be talking about this more. you made it very clear. i like that. it has become an article of faith in washington that common ground is the capital's most valuable and elusive real estate so it was remarkable to watch four democrats and four republ
and secretary of defense to get along really well. there is some natural tension there. and she engaged and she and panetta got along fabulous. >> warner: speak of secretary of defense, chuck hagel who david, president wants to be, the secretary of defense, hearing yesterday confirmation hearing before the senate, pretty rough going. what did you take away from that. >> i thought it was terrible. i thought he did a very poor job. we interviewed him, mark and i said nice things about him. i internal enjoyed the interviews hi with him but he really did a bad job. he projected weakness which is not something you want in a secretary of defense. conot even respond to pressure from senators with any divorce or vigor. he project aid guy who hadn't prepared. some of these questions were obvious about the surge, about some of the things he said on al jazeera. you have to have an answer. it's like somebody without walks into a big home of their life without having done their homework. so i still think he will be confirmed. on more or less party-line votes but if it was up to sort of a looking for a boost
, service secretaries and combatant commanders around the world put together a new defense strategy. that defense strategy had to take into account that the budget control act required the defense budget over ot next ten years to be reduced by $500 million or so, a little less than that. and which would require a 5% decrease over what were the plans. and in doing that the president asked the military to think about what the new challenges were going to be. what were the real challenges we were going to face. and that defense strategy was comprehensive. and it had various pieces to it that we would look to agile forces, that we would look to having a global footprint. but with emphasis, reemphasis on asia, continuance on the middle east but innovative partnerships around the world that could involve a lighter footprint in cases, and indeed if you talk to the chief of staff of the army, who served in iraq as you know as our commander there, he would tell you that we are working on innovative partnerships. >> cot lab rattive work. >> so we can pain taken our global footprint, maintain
of national self-defense and not an illegal assassination. the issue first surfaced in september, 2011, when president obama announced the killing of american-born al qaeda leader anwar al-awlaki. he was the target of a u.s. drone strike in yemen. >> the death of al-awlaki is a major blow to al qaeda's most active operational affiliates. he took the lead in planning and directing effortings to murder innocent americans. >> reporter: u.s. officials say al-awlaki inspired the fort hood shooter in 2009 and the failed bombing of a detroit airliner that christmas among other attempted attacks. three other americans, including al-awlaki's 16-year-old son, have also been killed by u.s. drone strikes in yemen. civil liberties groups have said such attacks deprive u.s. citizens of constitutional due process protection. but white house press s.e.c. jay carney justified those actions today as legal, ethical, and wise. >> the questions around this issue are important and the president takes them seriously. we have significant challenges because of the nature of the attacks, how they're planned, who plan
. that crisis is high on the agenda of the next defense secretary. chuck hagel was asked about it during questioning about his job. there was questioning by john mccain about the surge in iraq. >> or you correct or incorrect when you say it -- when you said that the search would be the most dangerous foreign-policy disaster sense the non? the question is right or wrong. i would like the answer of whether you are right or wrong and then you are free to elaborate. >> i'm not going to give you a yes or no answer. >> let the record show that you refused to answer the question. >> if you would like me to explain, -- >> i actually would like an answer. >> what else did we learn from today's hearing a short time ago? he did not do the best job of defending himself. >> no, it was a fractious hearing and pointless. he referred to the government of iran as legitimately elected. he apologized for saying that israel had arranged a slaughter of its enemies. he was defending his views on iran. on israel, they think he is not friendly enough. in the end, i don't think we learned a lot about him, really
can talk about an inflation protected bond, a tipp, and keep it short. so you have defensive protection. prices won't go down very much. keep your investments outside the united states, perhaps brazil or mexico are even italy, with higher yields as opposed to what we see in the united states. and ultimately, defensive-oriented bonds that can protect principle in addition to providing an interest rate that is acceptable. >> susie: i wanted to pick up on putting your money outside of the country, because you talked about australia, brazil, canada, but you're not a big fan of u.s. stocks. that's kind of interesting because it is coming at a time when individual investors, at least, are just getting comfortable about putting money back in the stock market. they're looking forward to an upside in the markets. you're not seeing much upside. 5% you say in u.s. stocks for this year? we've already done that in january. >> we have done that. we've got a 12-month return. one month, according to our forecast. we're bullish on stocks to the standpoint they can go up, if they can provide a
to another topic, and it yielded a surprising set of answers from defense secretary leon panetta, and the joint chiefs chairman, general martin dempsey. arizona republican john mccain asked about a report that president obama rejected a proposal to arm syrian rebels last summer. >> did you support the recommendation by secretary of state... then secretary of state clinton and then head of c.i.a. general petraeus that we provide weapons to the resistance in syria? did you support that? >> we did. >> you did support that. >> we did. >> suarez: so far, the president's judgment has been that things won't get better with american arms. instead, he's warned the weapons might fall into the hands of extremist elements, a concern reiterated today by the new secretary of state, who was asked about the deliberations last year. >> i don't know what the discussions were in the white house and i'm not going backwards. the new administration, we're going forward from this point. there are serious questions about al nusra and a.q.i.-- al qaeda in iraq-- and other violent groups on ground. >> sua
heritage festival. emil guillermo, writer for the asian american legal defense and education fund. and aarti kohli, research fellow at uc berkeley. aarti, we're going to begin with you because these are all proposals right now. really any overhaul to our immigration system is going to have a big repercussion here in california. can you tell us what that would be? >> of course. we're the state with the largest number of immigrants. we have 2.5 million undocumented immigrants and we've got a third of our registered voters are lawful immigrants. so any way you cut it, it's going to have a huge impact. some of the -- and there's a lot in here for everyone. employers, students who came here at a young age. they're called dreamers. agricultural workers. some of the things that people may not be aware of, in the president's proposal, lgbt families will be able to sponsor their family members. >> and that's from the president's proposal but not in the so-called gang of eight. >> it's not in the gang of eight proposal. but i think one of other issues for californians to, in terms of watchi
transcript i've ever seen that a defense lawyer breaks down someone to confess. but it wasn't that that motivated my desire to be a lawyer. it was the investigative part of it. it gave me a way to accomplish the that childhood desire to be nancy drew. the idea, though, stuck and it stuck as i proceeded to sort of start thinking about educating myself in public speaking, in debate, in student government. all of those activities reinforced for me that i might make a good lawyer. but i think in the end what convinced me to be a lawyer the most was understanding that it was -- law was a way to help people structure their relationships. >> rose: which is why we need rules and regulations and law. >> i talk about the importance of "lord of the flies" in my life. >> rose: tell us, what was the important of "lord of the flies." >> showing me what society could break down into without the rules and regulations. >> rose: exactly. >> but something else. which is without an influence in this society that accepted the importance of those values, most of us get it through our families. th
, these high priced legal defense firms that represent the banks. and then they go back to government again. and it's this sort of, this coterie of, you know, 100, 200 lawyers who really run this entire thing. and it's all the same people on both sides. >> lanny breuer was one of them. he was in a very prestigious washington law firm. jack lew, the new incoming secretary of the treasury, if he gets approved, served three years at citigroup. his record there, according to "the wall street journal" was not very lustrous for a man who's about to take over the treasury department. but "the wall street journal" suggests that he got his job, not because he had the experience, but because he was a crony of robert rubin. >> jack lew served in the clinton administration. i think he worked in the omb in the, you know, office of management of the budget. and he was one of the key players in helping pass the repeal of glass-steagall. and, you know, this is kind of the way it works. it's not a one to one, you know, obvious connection. but, you know, glass-steagall was repealed specifically to legalize t
: for the first time, pentagon leaders said today they had supported arming the rebels in syria. defense secretary leon panetta and general martin dempsey chair of the joint chiefs said they made that recommendation to president obama. panetta told a senate hearing that, in the end, the president decided against sending in arms. instead, the u.s. has provided only humanitarian aid to the rebels. secretary panetta also defended the military's response to the attack on the u.s. consulate in benghazi, libya. the assault killed ambassador chris stevens and three other americans. panetta testified there'd been no specific warning of an imminent attack, so u.s. forces were too far away to respond. >> the united states military, as i've said, is not and frankly should not be a 911 service capable of arriving on the scene within minutes to every possible contingency around the world. the u.s. military has neither the resources nor the responsibility to have a firehouse next to every u.s. facility in the world. >> sreenivasan: republican senator john mccain of arizona argued the military could have deploye
to create new jobs. >> susie: an intense day on capitol hill for defense secretary nominee chuck hagel. the former republican senator from nebraska took a grilling at his confirmation hearing. lawmakers from both sides of the aisle questioned him about his controversial views on gay rights, sanctions for iran, and former president george w. bush's policies in iraq. but in spite of the turmoil, hagel is expected to get confirmed by a narrow margin. >> tom: an update on failed futures brokerage firm peregrine financial, its founder, russell wassendorf senior was sentenced to 50 years behind bars. he' received the maximum sentence after admitting to engaging in fraudulent activity and misleading regulators for almost two decades. wassendorf also was ordered to pay $215 million, the amount prosecutors say he cost clients. the 64-year-old said he is "very sorry." >> tom: a couple of media giants today highlighted the challenges of an industry under-going great changes. business at viacom slowed down at the end of last year. advertising at the company's cable t.v. networks like nickelodeon,
has excellent perimeter defense. the attackers were not able to get close to the embassy. unfortunately they did kill a security guard and wounded another person. but it shows that their ability to hurt turkey and tush i, society is -- turkish society is really limited. this is an attack where the attacker destroys himself or herself but does very little otherwise. it just shows they're very ideologically committed strain of violence. >> thank you for joining us. >> thank you very much. >> in egypt thousands of antigovernment protesters have renewed their marches in cairo and other cities. they've there have been a number of clashes with security forces who have been firing tear gas and water canners. but after more than a week of unrest, president morsi has issued a statement saying those behind the violence will be held politically accountability -- accountable. >> flashes on the doorstep of the presidential palace. the fires from the cocktails thrown, a message to muhammad morsi. the people feel betrayed. the revolution was supposed to turn egypt into a country where e
are considered defensive so the fact they outperformed i think they can continue to outperform in 2013. we're in a period now where essentially an all-time high and a lot of folks are calling for a bit of a pullback. >> and clearly a lot of these consumer goods companies come with dividends. thats with a theme we saw in the first half of last year but the stocks continued to do well at the end of theas year into thiserio. coca-cola someone of those you have your eye on as a dividend consumer goods, what do you like out of coke. >> i'm the resident dividend stock advisor here at the street and i really like 29.7% dividend yield at coke. the company has enough earnings to easily cover this 2.1 times over but more importantly coca-cola's growing the dividend, growing its dividend 50 consecutive years. and i think sometime in february they'll make that streak 51. again they have the solid earnings to cover it. and with the dividend moving higher i think will you see the stock move up towards 40 as well. >> speaking of solid earnings we heard late last week from colgate, palm olive, very decent
. >> reporter: with $44 billion in spending cuts in defense and most other federal programs just weeks away, the president urged congress to pass a mix of spending cuts and tax increases to ease the immediate hit. >> there is no reason that the jobs of thousands of americans who work in national security or education or clean energy, not to mention the growth of the entire economy, should be put in jeopardy just because folks in washington couldn't come together to eliminate a few special interest tax loopholes. >> reporter: republicans dismissed the calls for more tax increases, and many argue the threat of the automatic spending cuts known as the sequester are the only way to force democrats to accept more spending cuts. but their leverage may be limited. >> i think we will have the sequester for a short period of time, probably until the first civilian employee of the government is furloughed, which might take about a week. and then, that pain may be enough to cause the people on capitol hill and the president to come to some sort of rational deal. >> reporter: the short-term budget figh
our main line of defense -- that and the stimulus -- against what could have been a vastly worse economic... >> charlie: i want to run through ten financial commandments. we'll put them on the screen and talk about them. thou shalt remember that people forget. >> one of the roots is of financial bubbles is that people forget when the good times roll they won't roll forever. this happened abundantly. >> charlie: thou shalt not rely on self-regulation. >> there was the attitude during the boom years that the markets were several regulating. they would watch themselves. you may remember alan greenspan expressing shock that they let their risk management systems deteriorate as much as they did. well, they did. we the public needs to watch out for that. >> charlie: three, thou shalt honor the shareholders. >> boards of directors let a lot of things happen in this crisis. you mentioned a few. >> charlie: praws because they didn't know. it has become so complex. >> right. that is the job of the board not to know every nitty-gritty but to know enough to feel some comfort and to ask the h
-term cabinet vacancies. the major departures so far: treasury secretary timothy geithner, defense secretary leon panetta and secretary of state hillary clinton. only clinton's replacement john kerry has won senate confirmation and taken up his new post. the national security moves one step closer to completion with tomorrow's hearing for c.i.a. nominee john brennan. the president's environmental and energy team will be completely reformed. in addition to salazar's exit at interior, lisa jackson is leaving as environmental protection agency chief as is energy secretary steven chu with no replacements announced yet. and mr. obama's economic team will also have new faces, as he moves to replace: labor secretary hilda solis, trade representative ron kirk and rebecca blank, the interim commerce secretary who replaced gary locke when he became ambassador to china. critical issues await them, from action on climate change, to the keystone x-l oil pipeline, to negotiations on new trade agreements with a dozen nations, and the european union. the president set the tone for the selections to come, wi
Search Results 0 to 34 of about 35 (some duplicates have been removed)